Business
Limbach Holdings Announces Appointment of New Chief Financial Officer
Former Capstone Turbine Corporation Executive Jayme Brooks Joins Limbach as of October 1, 2019 PITTSBURGH--(BUSINESS WIRE)-- Limbach Holdings, Inc. (NASDAQ:
About this update from Limbach Holdings, Inc.
[{"type":"text","content":"\nFormer Capstone Turbine Corporation Executive Jayme Brooks Joins Limbach as of October 1, 2019\n\n PITTSBURGH--(BUSINESS WIRE)--\nLimbach Holdings, Inc. (NASDAQ: LMB) (“Limbach” or the “Company”) today announced the appointment of Mrs. Jayme Brooks as Executive Vice President and Chief Financial Officer, effective October 1, 2019.\n\n\nMrs. Brooks replaces Mr. John Jordan and will report directly to Chief Executive Officer Charlie Bacon while also serving as a member of the Executive Committee. She will be responsible for overseeing all financial aspects of the company, including financial planning and analysis, accounting and financial reporting, as well as managing the tax, internal audit, and treasury functions.\n\n\nMrs. Brooks commented, “I am delighted to join Limbach at this exciting time. I believe the potential for growth and shareholder value creation is excellent given Limbach’s growing service segment, historic highs for backlog and overall business expansion. I look forward to partnering with the experienced executive team to realize the vision of Limbach becoming the 1st Choice integrated building systems firm in the United States.”\n\n\nCEO Charlie Bacon added, “We are excited to have Jayme join Limbach. With her extensive public company experience as the Chief Financial Officer, as well as the Chief Accounting Officer of her previous firm, our Board of Directors and Management believe we have selected the right person to be front and center with me and our other senior executives, as we execute our growth plan. She has extensive experience in cash optimization, controlling expenses and leading efforts to raise capital. John will be staying on for a short transition period to assist Jayme in her new role. I also want to acknowledge John for being a great team player. He was instrumental in helping us take Limbach public and worked through some challenging periods moving from being a private enterprise to the public market. He is a true professional.”\n\n\nMrs. Brooks previously held a number of positions at Capstone Turbine Corporation (“Capstone”), most recently serving as Executive Vice President and Chief Financial Officer. She joined Capstone in September 2005 and, in addition to her most recent position, she served in various roles including: Chief Financial Officer and Chief Accounting Officer (April 2015 ...